Santa Cruz County Second Quarter Market Report

In the second quarter of 2018, the Santa Cruz County market remained very healthy. Compared to the second quarter of 2017, sales were up 9% and sold more quickly, with days on market reduced by 24%, mirroring the same activity in the first quarter of this year. Inventory is still low and trending down, continuing a pattern of limited selection for buyers. The median price also rose again, up 4% in the second quarter and 5% year-to-date.